Ben Bernanke Remain Quotations

Banks need to continue to lend to creditworthy borrowers to earn a profit and remain strong.

But again, I remain optimistic that the impact on energy from these two events will be limited.

I think policy is currently quite accommodative. I think it can remain quite accommodative for a while to come,

The decline in home equity makes it more difficult for struggling homeowners to refinance and reduces the financial incentive of stressed borrowers to remain in their homes.

The public has shown confidence that any increases in inflation will be temporary and that, in the long run, inflation will remain low.

A very important factor is the fact that inflation expectations are well-controlled and well-contained, which means that the Federal Reserve, unlike the 70s, doesn't have to react violently in terms of raising interest rates to contain the second- and third-round inflationary impacts. So I remain pretty optimistic about the economy,

As we look ahead, core inflation appears likely to remain in the zone of price stability during the remainder of 2004 and into 2005,

Inflation is up, driven by energy prices. Underlying core rates remain low, which is encouraging.

These inflation effects should fade even if energy prices remain elevated, so long as monetary policy keeps inflation expectations well-anchored.